Interview

Chartist Talks: SBI Securities' Sudeep Shah advises caution, picks these 2 bluechips

Talking about crucial levels, the zone of 23,850-23,800 will act as a crucial support for the Nifty 50 next week. However, on the upside, the zone of 24,250-24,300 will act as a crucial hurdle for the index, said Sudeep Shah of SBI Securities.

Daily Voice: India-Pakistan escalation can trigger 5-6% correction, Nifty support around 22,000, says Narnolia's Shailendra Kumar

Any Nifty correction due to heightened conflict concerns between India and Pakistan would present a favourable opportunity to initiate investments, said Narnolia's Shailendra Kumar.

Chartist Talks: ICICI Securities' Dharmesh Shah advises not to panic amid Indo-Pak tension-led correction, steam still left in defence pack

Looking at the broader bullish structure, Dharmesh Shah of ICICI Securities believes there is still steam left in the defence pack

Daily Voice: Naveen Kulkarni of Axis Securities believes impact of India-Pakistan tensions on market will be short-lived

A market rally from here will depend on earnings growth and the evolving macroeconomic scenario, which is getting better, said Naveen Kulkarni of Axis Securities.

Daily Voice: Unless triggered by broader economic or global shocks, Indo-Pak tensions rarely have a lasting negative impact, says Spark's Devang Mehta

Apart from the prevailing geopolitical tensions, the other major cue for the market includes the upcoming trade negotiations which can have an impact on the short term trajectory of India & global markets, says Devang Mehta of Spark Capital.

Daily Voice: India-Pakistan tensions unlikely to rattle markets unless trade routes disrupted, economic centers hit, or FII outflows spike, says Equentis Wealth CIO

Based on March quarter earnings, Jaspreet Singh Arora of Equentis Wealth Advisory Services has significant confidence in BFSI, followed by Consumer Discretionary, FMCG, and Healthcare, focusing on hospitals, domestic-facing pharma companies, Cement, and specialty chemicals.

Daily Voice: BFSI sector remains very strong, pharmaceuticals looking positive at this moment, says Shriram Life Insurance CIO

Valuations in the Indian equity markets have become notably more attractive compared to a couple of quarters ago - one of the key factors driving renewed Foreign Institutional Investor (FII) participation in recent months, said Ajit Banerjee of Shriram Life Insurance.

Daily Voice: Don’t expect any major downgrades in consumer discretionary, global cyclical sectors, says HDFC Securities' Unmesh Sharma

Within sectors, HDFC Securities' Unmesh Sharma has observed continued earnings downgrades in sectors such as Banks & NBFCs, capital market, consumer staples, IT, cement, and chemicals.

Daily Voice: FY26 earnings growth could still stay in double digits despite assuming some downgrades in coming months, says UTI AMC's Karthikraj Lakshmanan

UTI AMC's Karthikraj Lakshmanan is positive on Telecom sector due to industry consolidation leading to better pricing and improved profitability.

Daily Voice: Market crossing previous highs soon quite likely, though India-Pakistan tension definitely a risk in near term, says OmniScience Capital's Vikas Gupta

The actual announcement of the India-US trade deal could lead to more production shifting into India in the near to mid term and new FDI in the longer term. This could definitely be a strong growth driver given that India-US have agreed for a $500 billion trade by 2030, says Vikas Gupta of Omniscience Capital.

Chartist Talks: ICICI Securities' Dharmesh Shah sees potential golden crossover and 25,000 in Nifty in current month

The ongoing breather would make market healthy, which will eventually help the Nifty 50 to cross the resistance mark of 24,500 and lead further towards 25,000 mark

Chartist Talks: Sudeep Shah of SBI Securities bullish on these 4 stocks; sees strength in IndusInd Bank but recommends avoiding

From a technical perspective, Nifty continues to trade well above its key short and long-term moving averages, which further reinforces the bullish bias. Interestingly, the daily RSI has recently taken support near 60 mark and thereafter witnessed a rebound, which is a bullish sign as per RSI range shift rules, said Sudeep Shah of SBI Securities.

Daily Voice: Investors should remain cautious of global developments amid heightened geopolitical risks following recent Pahalgam attack, says this CIO

In the current earnings season, select companies in sectors like financial services are showing robust growth and improvement in performance metrics, while their counterparts in the information technology sector are showing signs of slow down, said Vijay Bharadia of Wallfort PMS.

Daily Voice: Whitespace Alpha's Puneet Sharma maintains cautious stance over capital markets segment, sees inflationary risks in near term

Inflationary risks are elevated in the near term, driven by supply chain disruptions and domestic factors like erratic monsoons and rising crude prices, said Whitespace Alpha's Puneet Sharma.

Chartist Talks: Ashish Kyal bets on these 2 stocks as Nifty seems to be moving toward 25,000

As long as major supports are intact near 23,200 which is the Gap area, any correction in Nifty 50 will be a healthy sign that will form the base for the next leg on upside, he said in an interview to Moneycontrol.

Daily Voice: ArthAlpha's Rohit Beri is bullish on market, but doesn't expect new all-time high in current quarter

ArthAlpha's Rohit Beri sees a strong pick-up in IPO activity in the latter half of the year. The success of recent deals and over-subscription in quality names are reflecting renewed investor confidence—both in the institutional as well as retail segments.

Daily Voice: Market has not fully factored in upcoming expected earnings downgrades, says Green Portfolio's Divam Sharma

Sectors like IT services, discretionary consumption, global cyclicals, and parts of consumer staples are at higher risk of earnings downgrades, said Green Portfolio's Divam Sharma.

Daily Voice: India stands to benefit significantly from bilateral trade agreement with US, says Client Associates' Himanshu Kohli

The India-US agreement would boost exports in key sectors like IT, pharmaceuticals, textiles, and engineering, while attracting more US investment in manufacturing, clean energy, and defense.

Daily Voice: Don't see earnings downgrades risk for these 4 sectors, says Invasset PMS' Anirudh Garg

The polarized earnings season reinforces the need for selective investing in structural growth areas rather than broad-based exposure, said Invasset PMS' Anirudh Garg.

Daily Voice: De-escalation of US-China tariff war should commence over next few months, market upside likely to continue, says this CIO of Spark Capital PWM

Deepan Kapadia of Spark Capital PWM sees upside for the Indian market like it had held up relatively well in the past few days versus other markets backed by continued Capex and hope of a normal monsoon.

Daily Voice: If Powell indicates challenges in pushing another rate cut, RBI may not be able to cut rates further, says Maxiom Wealth's Manoj Trivedi

Maxiom Wealth's Manoj Trivedi feels that the markets will correct a bit in the next 30 days despite some good results.

Chartist Talks: Accumulate largecap IT stocks, Nifty may cool off more before getting upward toward 25,000, says ICICI Securities' Dharmesh Shah

In the current scenario, tracking the geopolitical worries, Dharmesh Shah of ICICI Securities expects the market to remain volatile in coming weeks.

Daily Voice: Near-term rally of 8–10% possible in market, will be gradual & selective, says Right Horizons' Anil Rego

The market appears to have stabilized near its recent lows, supported by resilient earnings, macro stability, and sector rotation, said Right Horizons' Anil Rego.

Daily Voice: India a long-term winner of tariff war; bullish on NBFCs for growth, says Sandip Bansal

In spite of a good correction, quite a few mid and small-cap names still have high valuations, especially given growth concerns, said Sandip Bansal.